NEWPORT BEACH, CA—Sabal Financial Group has expanded intocommercial real estate term lending. Using its own technology, thefirm has created new project and division to serve applicants forsmall to mid-sized loans.
“Historically, many loan applicants have faced extended periodsof uncertainty throughout a lengthy financing process,” explainsLen Israel, director of CRE term lending. “Our new platform isfocused on providing superior service and our technologyaccelerates the process.”
The new program, called SNAP, provides a web-based,security-controlled interface where brokers and their borrowers canefficiently go through the loan process with access to real-timeinterest rates, loan tracking tools and closing checklists.Designed with the unique needs of brokers in mind, SNAP can beaccessed through the Sabal Financial website or a direct linkportal. Once registered, SNAP greatly increases transparency forbrokers working to get their loans approved by providing statusupdates and access to crucial loan process information.
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Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
